ACCT 212 Week 3 Discussion 1 Ques | Devry University
- Devry University / ACCT 212
- 20 Aug 2021
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ACCT 212 Week 3 Discussion 1 Ques | Devry University
Week
3: Compliance and the Sarbanes-Oxley (SOX) Act
In the context of the world of business,
explain what we mean by the term compliance. Relating to this, is anyone
familiar with the Sarbanes-Oxley (SOX) legislation enacted by Congress in 2002?
What was contained in this legislation, and what prompted it? Can you provide a
specific example of one of the major points of this legislation? Why was it
enacted? Separately, does the term compliance apply to any other areas of
business besides the SOX legislation?